Grays Ferry Homes under $500,000

Grays Ferry Homes under $500,000

Welcome to Grays Ferry, a vibrant and evolving neighborhood nestled in the heart of Philadelphia, Pennsylvania. This charming subdivision is characterized by its rich history, diverse community, and a unique blend of urban convenience and suburban charm. Grays Ferry is conveniently located just minutes from the bustling Center City, making it an ideal spot for those who crave city living without sacrificing the warmth of a close-knit community.

One of the most appealing aspects of Grays Ferry is its affordability. Here, you can find a variety of homes priced under $500,000, making it an attractive option for first-time homebuyers, young professionals, and families looking for a place to call home. The homes in this area showcase a mix of architectural styles, from classic row houses to modern renovations, providing a range of choices to suit different tastes and lifestyles.

Residents of Grays Ferry enjoy easy access to local parks, such as the scenic Grays Ferry Crescent, which offers picturesque views of the Schuylkill River and ample space for outdoor activities. The neighborhood is also home to a variety of shops, restaurants, and community resources, ensuring that everything you need is just a short stroll away.

With its affordable housing options, rich cultural tapestry, and prime location, Grays Ferry is a hidden gem in Philadelphia that promises both comfort and convenience. Discover your dream home in this dynamic neighborhood and become part of a community that’s on the rise!

Newest Grays Ferry Homes under $500,000

1314 S Myrtlewood St, Philadelphia
$209,900
3 Beds ⋅ 1 Baths
Welcome home to this beautifully updated Philadelphia row home offering the perfect blend of classic charm, modern finishes, and an unbeatable location just minutes from Center City! Ideally located just minutes from Southwest Center City, Graduate Hospital, University City, CHOP, Penn, Drexel, and major highways, this home offers exceptional convenience for commuters and city living. Whether you’re looking for a home of your own or an addition to your investment portfolio, this property offers an opportunity worth exploring. Step inside to an inviting open-concept floor plan featuring beautiful hardwood flooring throughout the main level. The spacious living and dining areas flow seamlessly into the updated kitchen complete with stainless steel appliances, classic subway tile backsplash and abundant cabinet space. Upstairs you'll find three comfortable bedrooms, each featuring ceiling fans and ample closet space, along with an updated full bathroom. Fresh paint throughout and newer carpeting on the second floor give the home a clean, modern feel. The full unfinished basement includes a washer and dryer and provides excellent storage space. Enjoy your own private, fenced in rear yard perfect for relaxing, entertaining, or grilling. Just a short walk to D. Finnegan Playground and neighborhood parks, with easy access to restaurants, shopping, public transportation, I-76, I-95, and all that Center City Philadelphia has to offer. Last but not least, the property was fully renovated in 2022 and qualified for the Philadelphia 10-Year Residential Rehabilitation Tax Abatement which will continue until 2032. Currently vacant and move-in ready! Schedule your visit today!

1314 S Myrtlewood St, Philadelphia

Listing courtesy of RE/MAX Services. Contact:

1537 S Lecount St, Philadelphia
$335,000
2 Beds ⋅ 2 Baths
Behind a whitewashed brick front and a row of window boxes, this 1925 Grays Ferry rowhome was rebuilt from the inside out between 2019 and 2022, with an architect’s eye for proportion and restraint. The first floor runs straight through in one clean line. A built-in window seat anchors the living room, an arched niche frames the dining area, and European ash floors run the full length beneath repointed whitewashed brick. The galley kitchen keeps things quiet: flat-front custom cabinetry, quartz counters, lit open shelving, and steel-framed glass doors that open directly to the garden. That garden is the first payoff. It’s fully built out with wood-clad walls, planted beds, and room for a long dining table under the trees. Upstairs, the primary bedroom has backlit built-in shelving and a full wall of wardrobes. The second bedroom, currently a home office, has its own built-in storage. The full bath is the standout on this floor, with a freestanding soaking tub, a separate glass shower, a double-wide sink, and a heated towel rail. The finished lower level adds a second full bath with a walk-in shower, laundry, and a media lounge built around a long built-in banquette. Central air and a tankless water heater were installed in 2020, and the windows have been replaced. Just off Tasker Street, the house is close to Grays Ferry Crescent, where the Schuylkill River Trail now links this part of South Philadelphia to Center City on foot or by bike.

1537 S Lecount St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

1354 S Stanley St, Philadelphia
$129,000
2 Beds ⋅ 1 Baths
This two-bedroom, one-bathroom home in the Grays Ferry neighborhood presents a great opportunity for investors or buyers looking to add to their portfolio. Mechanical and plumbing improvements include a new furnace installed last year, complete with a one-year warranty, a fairly new hot water heater, and a replaced sewer lateral leading into the home, along with a new curb trap. In addition, the sellers just purchased a brand new oven. With these important updates already completed, this property offers plenty of potential for its next owner. Don’t miss the opportunity to invest in this conveniently located Philadelphia neighborhood!

1354 S Stanley St, Philadelphia

Listing courtesy of BHHS Fox & Roach The Harper at Rittenhouse Square. Contact:

1516 S Napa St, Philadelphia
$108,800
3 Beds ⋅ 1 Baths
Attention Investors and Renovation Enthusiasts!!! Welcome to 1516 S Napa Street is located within a federally designated Qualified Opportunity Zone (QOZ). Bring your vision to life with this two-story, townhome home in South Philadelphia. This property is a full renovation project. Whether you’re looking for your next fix-and-flip opportunity, an investment property to add to your rental portfolio, or a home to customize to your own taste, this property offers plenty of potential. Bring your contractor, explore the possibilities, and unlock the potential of this South Philadelphia property! Don’t miss this opportunity to turn your vision into reality!!!

1516 S Napa St, Philadelphia

Listing courtesy of Central Realty Group LLC. Contact:

1642 S Newkirk St, Philadelphia
$197,500
3 Beds ⋅ 1 Baths
Modern updates and a practical layout come together at 1642 S Newkirk Street. A charming find in Philadelphia’s Grays Ferry neighborhood, this 3-bedroom, 1-bath townhome opens through a vestibule into a spacious combined living and dining area. Vinyl flooring, recessed lighting, and crisp white trim complement the colorful interiors, while the open layout creates a comfortable setting for everyday living and entertaining. With room for both a seating arrangement and a dedicated dining space, the main level offers flexibility to make it your own. The updated kitchen pairs rich, dark cabinetry with a coordinating tile backsplash and tile flooring, creating a practical space for preparing meals. Step outside to the private, fenced-in rear yard, where there’s room to create an inviting setup, enjoy outdoor dining, or add your own container garden. Upstairs, three good-sized bedrooms offer options for sleeping, a home office, or a guest room. The updated hall bathroom features contemporary tilework, a tub/shower combination, and a skylight that fills the space with natural light. An unfinished basement provides additional storage and room to organize household essentials. Enjoy access to neighborhood recreation at Vare Recreation Center and outdoor escapes along the Grays Ferry Crescent, where riverside paths offer opportunities for walking, jogging, biking, and relaxing by the Schuylkill River. With updated spaces, three bedrooms, and a private rear yard, this home offers a comfortable base for enjoying life in South Philadelphia.

1642 S Newkirk St, Philadelphia

Listing courtesy of Coldwell Banker Realty. Contact:

1537 S Stanley St, Philadelphia
$169,000
3 Beds ⋅ 1 Baths
Investor opportunity at 1537 S Stanley St in Grays Ferry, one of South Philadelphia's most active neighborhoods for reinvestment. This brick rowhome has [3] bedrooms and [1] bath across about [1,188] sq ft. The home is in average condition with good bones. You can rent it as-is, add light updates, or do a full renovation. Rent estimates for similar 3-bedroom homes on the block are about $1,800 to $2,300 per month. Updated 3-bedroom homes in the area have recently sold for $230,000–$265,000. Grays Ferry is close to Center City, University City and the Schuylkill River Trail, so tenants and buyers are drawn to it. Cash and conventional buyers welcome. Sold as-is. Buyer to verify all information.

1537 S Stanley St, Philadelphia

Listing courtesy of Premium Realty Group Inc. Contact:

1541 S Stillman St, Philadelphia
$234,999
2 Beds ⋅ 1 Baths
Completely renovated 2 bedroom, 1 bath home on a quiet block with new development nearby. Major updates include a new HVAC system, plumbing, electric, and roof. The first floor features an open living and dining area, an updated kitchen with shaker cabinets and stainless steel appliances, and access to a spacious rear patio. Upstairs, you’ll find two bedrooms and an updated 3 piece bath. The finished basement offers additional living space, windows, HVAC, and washer and dryer hookups. Conveniently located with easy access to I 76, University City, the stadiums, and Center City. Low taxes and utilities make this a great opportunity for a first time home buyer.

1541 S Stillman St, Philadelphia

Listing courtesy of KW Empower. Contact:

2500 Manton St, Philadelphia
$190,000
2 Beds ⋅ 1 Baths
Welcome to 2500 Manton Street, a light-filled South Philadelphia rowhome that makes the ideal starter home for a first-time buyer. Located in the popular 19146 zip code near neighborhood parks, local dining, and easy transit to Center City, this turn-key two-bedroom, one-bathroom property offers the perfect balance of comfort, value, and character. Step inside to an inviting open-concept living and dining area featuring warm hardwood floors and natural sunlight, leading seamlessly into an efficient kitchen complete with stainless steel appliances and clean finishes. Upstairs, two bright, well-proportioned bedrooms provide flexible options for a primary suite, guest room, or home office, while the sleek, updated full bathroom offers a modern touch. Combining minimal exterior maintenance with effortless city access, this move-inready home is an incredible opportunity to stop renting and start building equity in South Philly.

2500 Manton St, Philadelphia

Listing courtesy of The Greene Realty Group. Contact:

1349 S 29th St, Philadelphia
$160,000
3 Beds ⋅ 3 Baths
INVESTOR SPECIAL | DEVELOPMENT OPPORTUNITY IN GRAYS FERRY Attention investors! This is an excellent opportunity to acquire a property in Grays Ferry, South Philadelphia, with a proposed plan for a 4-bedroom, 3-bathroom home with a private backyard. The property offers exciting potential for an investor looking to create a spacious residential property in an area with convenient access to some of Philadelphia’s major educational and employment centers. Location is a major advantage. Everyday conveniences are within walking distance, including a supermarket, post office, nail salon, liquor store, and other neighborhood businesses. The property is also conveniently located near University City, with easy access to the University of Pennsylvania, Drexel University, and St. Joseph’s University. Schedule a showing. Don’t miss this opportunity!!

1349 S 29th St, Philadelphia

Listing courtesy of Realty Mark Associates. Contact:

2639 Titan St, Philadelphia
$412,000
3 Beds ⋅ 3 Baths
Pride in homeownership is highlighted in this beautiful, move-in ready, lovingly maintained home in Gray’s Ferry. You’ll love the open floor plan with solid oak flooring throughout the home. One of the coolest features on the first floor are the custom built-ins. The dining table easily converts into a gaming table for board game or poker nights and the benches double as storage. The bespoke nature of the first floor doesn’t end there. The home offers a built-in buffet connected to the dining table perfect for parties and a floating media cabinet designed to hide wiring, gaming consoles, controllers, and your router adding additional storage and sleek look and feel to the home. This is a smart home complete with dimming switches and thermostat upgraded during the current ownership. The kitchen offers plenty of counter space and storage with quartz countertops, modern shaker style cabinets, glistening subway tile backsplash, stainless steel appliances, and a gas range for the home chef. The backyard is the perfect place to grill and the outdoor space doesn’t end there with a full roof deck complete with a wet bar and bonus fridge available for viewing fireworks and the skyline. If you want even more of an opportunity for gardening or expanding, check out the adjacent lots of this free-standing row home currently owned by the Philadelphia Land Bank- imagine the possibilities! The first floor offers a powder room for guests and convenience. Don’t miss the finished basement with room for a home gym, an office, or even another living space. The second floor offers two large bedrooms, a contemporary bathroom, and a convenient laundry area with front load washer and dryer included in the sale. The primary suite is sure to please with a large double quartz vanity, a voluminous rain shower, a must-have walk-in closet, access to the roof deck, and a substantial bedroom for a king size bed and an abundance of furniture. The seller is willing to offer a credit towards a rate buy-down program to lower your monthly payment by $250-500 less per month. Ask the listing agent about options and schedule a private showing.

2639 Titan St, Philadelphia

Listing courtesy of KW Empower. Contact:

2548 Oakford St, Philadelphia
$199,000
2 Beds ⋅ 1 Baths
Discover a prime investment opportunity in the sought-after Point Breeze neighborhood. This charming 1923 interior row townhouse offers 784 sq. ft. of potential, perfect for savvy investors looking to capitalize on the area's growth. The straight-thru architectural style allows for versatile floor plans, making it easy to customize for maximum return on investment. Located in a vibrant community, this property is poised for appreciation, with nearby amenities and transportation options enhancing its appeal. Whether you're looking to renovate and flip or hold as a rental, this brick row is a blank canvas ready for your vision. Don't miss out on this opportunity to invest in a property with significant upside potential! Use extreme caution while viewing. Property is a shell. Buyer and/or buyer agent to verify sqft

2548 Oakford St, Philadelphia

Listing courtesy of Coldwell Banker Realty. Contact:

2636 Earp St, Philadelphia
$169,900
2 Beds ⋅ 2 Baths
Welcome to this updated two-story brick row home in the Grays Ferry section of South Philadelphia. The main level features a straight-through layout, offering a comfortable flow from the front of the home through to the rear, with access to the private rear yard. A convenient first-floor powder room adds functionality for everyday living and entertaining. The home features updated flooring throughout, along with an updated kitchen and updated bathrooms. The second floor provides 2 nice sized bedrooms and a large updated full bathroom. Situated in an established South Philadelphia neighborhood, this property offers a combination of classic brick row-home character and previously completed interior updates. The property is being sold in its current condition, as-is. Buyers are encouraged to conduct their own due diligence and inspections. A great opportunity for a buyer looking for an updated row home with a little outdoor space and convenient city living.

2636 Earp St, Philadelphia

Listing courtesy of RE/MAX Prime Real Estate. Contact:

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